The European buyout house is the latest financial sponsor to enter negotiations with lenders. Elsewhere, lenders to roofing company Monier are trying to seize control of the business from private equity firm PAI.
2 min read · 08 February 2013
The New York-based private equity real estate firm, led by former Warburg Pincus executive Reuben Leibowitz, has joined forces with Carl Mulac to create Joseph Carl Homes targeting distressed infill land deals in Phoenix.
2 min read · 08 February 2013
Despite making a loss of £67m, ICG Group is upbeat about market opportunities and foresees a mid-1990s-style recovery, with local players doing deals with local banks at ‘reasonable’ rates of leverage.
2 min read · 08 February 2013
Cash-strapped LPs have been given a reprieve as GPs have slowed capital calls, but that in turn has kept fund interests off the secondaries market, writes Christopher Witkowsky.
2 min read · 08 February 2013
The Los Angeles-based turnaround firm will operate Delphi out of bankruptcy. General Motors, which filed for bankruptcy Monday, will take over certain Delphi plants and provide the company with $250m in bankruptcy financing.
2 min read · 08 February 2013
Aberdeen Property Investors raised just half its target for its second Asia fund of funds. The firm is now playing defence as it tries to ensure the capital is invested wisely, including keeping a 'reserve' to address future risks. PERE June 2009
2 min read · 08 February 2013
Colony is doing the unconventional again – considering an investment in a troubled developer in a part of Europe that has just posted its first fall in real estate markets in 10 years. PERE June 2009
3 min read · 08 February 2013
Managing a private fund has gotten so tricky that one UK property company has gone public to avoid the headaches of dealing with LPs. PERE June 2009
3 min read · 08 February 2013
GoldenTree has capitalised on the credit crisis by picking up a 50 percent stake in one of Sao Paulo's most desired addresses. PERE June 2009
3 min read · 08 February 2013
Interest by foreign investors in US real estate, particularly from German property funds, is bringing greater competition to the market. PERE June 2009
3 min read · 08 February 2013
